Bitcoin now a stable coin? - page 8.

Karmakid

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Quote from: Golftech on April 22, 2019, 12:56:01 AM

Quote from: emberbekas on April 21, 2019, 10:13:56 AM

Quote from: bosta20 on November 11, 2018, 08:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

Sometimes the price doesn't move in a large range and looks like it's stable. But certainly that won't last long. Fluctuations will occur at other times and with different ranges. We only need to wait for the right time to enter and to exit.

This current movements is fair enough for people who trusted bitcoin, they can keep buying at this low stage and hold their coins till the time that the value rises high again, not stable in the sense that it will stay at this point, just gaining supports and keep building strong holds in order to make sure that the next run will be sweet and smooth.

Yes, this stage for bitcoin is just the stage for building solid supports that is enough for the market to push the price up. It is also a good idea to keep buying bitcoin while it is not expensive as it is before so we can have a good spread for the possible profit once the market starts moving up to the moon.

Golftech

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Quote from: emberbekas on April 21, 2019, 10:13:56 AM

Quote from: bosta20 on November 11, 2018, 08:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

Sometimes the price doesn't move in a large range and looks like it's stable. But certainly that won't last long. Fluctuations will occur at other times and with different ranges. We only need to wait for the right time to enter and to exit.

This current movements is fair enough for people who trusted bitcoin, they can keep buying at this low stage and hold their coins till the time that the value rises high again, not stable in the sense that it will stay at this point, just gaining supports and keep building strong holds in order to make sure that the next run will be sweet and smooth.

Vaculin

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Winding down.

Quote from: Ellen Adarna on April 22, 2019, 12:43:11 AM

Until now, Bitcoin's price is not stable, but it is still the top coin in the market it's price started to decrease so bad because bitcoin does not have any tough competitor in the market. For now, bitcoin price is still increasing that we are hoping it will still continue to increase and for it will reach it's price to $20,000 again. A lot of people are also starting to buy bitcoin today due to the increase of the market, that is why i am starting to do buy bitcoin by exchanging my fiat and crypto into bitcoin using Darb finance a great trading platform where it is a secure wallet and an exchange of fiat into cryptocurrencies and vice versa.

I do believe that bitcoin will not really be a stable coin unless it will be legalized already and adopted by the government. Surely its price will have a fixed value. But since the government is still not supporting bitcoin, its value will surely increase every year. And the fact that bitcoin has high volatility so we should expect its price will go upside down.

Webetcoins

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Quote from: emberbekas on April 21, 2019, 10:13:56 AM

Quote from: bosta20 on November 11, 2018, 08:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

Sometimes the price doesn't move in a large range and looks like it's stable. But certainly that won't last long. Fluctuations will occur at other times and with different ranges. We only need to wait for the right time to enter and to exit.

People are panic now. They want bitcoin to jump either to one extreme and make their profits doubled. Or they want it, unfortunately, to be down so that their confusions become solved. Henceforth, reality is reality. Nothing becomes stable in such short time period. Bulls are often taking strengthened time for being strong and profitable to others. Give them their legal time to nourish.

Ellen Adarna

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Until now, Bitcoin's price is not stable, but it is still the top coin in the market it's price started to decrease so bad because bitcoin does not have any tough competitor in the market. For now, bitcoin price is still increasing that we are hoping it will still continue to increase and for it will reach it's price to $20,000 again. A lot of people are also starting to buy bitcoin today due to the increase of the market, that is why i am starting to do buy bitcoin by exchanging my fiat and crypto into bitcoin using Darb finance a great trading platform where it is a secure wallet and an exchange of fiat into cryptocurrencies and vice versa.

Asmonist

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For now its still in progress. The market is slowly going up for btc. I still believe that btc is the number crypto currency. Just like dollar as the international money, bitcoin is the universal coin.

canman

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Quote from: fndsr on April 20, 2019, 04:18:38 AM

bitcoin is a stable coin and the main coin in trading. if compared to other coins and tokens, I don't think anyone can compete with bitcoin. Bitcoin prices are growing steadily

Although Bitcoin has no competitors, the value of Bitcoin is declining, making investment difficult. I think it will be time for Bitcoin to return to the $ 2000 price based on analysis of many traders, the price increase will not happen at this time and there will certainly be a big correction in the coming days. If you are considering investment, I recommend you to be patient and wait because you can certainly buy a lot of coins at low prices.

armarsterling7

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Quote from: bosta20 on November 11, 2018, 08:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

How can it be similar to USDT? I know your emotions when bitcoin does not grow or not decrease, it is quite uncomfortable compared to frequent fluctuations. but it is a sign of growth or backwardness of the whole crypto market.
after BTC sideway more than 2 weeks and finally it has increased sharply to more than 5000 $.
Next time, we need to pay more attention to the chart. We can earn money from it. Grin

emberbekas

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Quote from: bosta20 on November 11, 2018, 08:47:18 AM

Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

Sometimes the price doesn't move in a large range and looks like it's stable. But certainly that won't last long. Fluctuations will occur at other times and with different ranges. We only need to wait for the right time to enter and to exit.

3x2

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Bitcoin or any trading stock can never be in equilibrium with nature. You can say the stability over a particular time frame say it like 2 months or 4 months, but in long run there is always a change of increasing of noise and entropy.
This month the bitcoin has been quite stable at 5000 usd , but who knows what happens next month.

bitcon

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Quote from: fndsr on April 20, 2019, 04:18:38 AM

bitcoin is a stable coin and the main coin in trading. if compared to other coins and tokens, I don't think anyone can compete with bitcoin. Bitcoin prices are growing steadily

It cannot be called stable if its price is volatile. Today, something can happen in the crypto market, and BTC will fall. Tomorrow, another event will take place, and it will go to the Moon.

HyughA

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bitcoin is indeed a special coin. coins with a million excess. stable coin bitcoin because of the fantastic value in the coin and affects all prices on the cryptocurency market

JohnBitCo

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Quote from: haninah26 on April 07, 2019, 12:06:15 PM

here's a pretty interesting forecast on this

matter.

Bitcoin Price Prediction 2019 - BTC Price to Touch $23500 in 2019

https://coinswitch.co/news/bitcoin-price-prediction-2019-btc-price-to-touch-23500-in-2019

Could be possible, there is no doubt about this. Consider the fact that bitcoin adaption is growing at a very fast rate. Everyone is talking positive about bitcoins. Institutional investors, and Bitcoin Halving, ETF all these things will together bring a big bull run to the market.

meliodas

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Quote from: fndsr on April 20, 2019, 04:18:38 AM

bitcoin is a stable coin and the main coin in trading. if compared to other coins and tokens, I don't think anyone can compete with bitcoin. Bitcoin prices are growing steadily

With the decentralization and also being open 24/7, it is prone to volatility and that makes the coin not stable because if we are talking about stable then the price or the movement of the price of the coin will not move that often and it will just stay on an average price for weeks or even months before it moves while bitcoin is very far from that example.

Cherylstar86

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Quote from: fndsr on April 20, 2019, 04:18:38 AM

bitcoin is a stable coin and the main coin in trading. if compared to other coins and tokens, I don't think anyone can compete with bitcoin. Bitcoin prices are growing steadily

Bitcoin does really exist in crypto world as one of most promising asset among all coins. Even it's value has struggling a rapid growing, still the presence of its grow has shown courage to trust and be optimistic on visioning a massive future. But the recent days, its value has continue to dump and it triggered some people are doubtful to trade due of its unstability.

senne

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A stable coin? What are your parameters for a stable coin? A coin that jumps 20% in 15 mins cant be termed as stable. You could call it stable with respect to altcoins. But the definition of stable coin is USDT. A coin with little or no fluctuation. BTC is amazing coin for trading with relatively lesser risk than altcoins.

fndsr

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bitcoin is a stable coin and the main coin in trading. if compared to other coins and tokens, I don't think anyone can compete with bitcoin. Bitcoin prices are growing steadily

Serco

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Quote from: leavolnhals on April 20, 2019, 03:14:52 AM

Bitcoin is not a stable currency. Sometimes the market needs silence to prepare for big events. such as Binance Launchpad. It worked very well and the value of Binance is now much higher than the time of the bubble. The value of exchange coins has also increased significantly due to the IEO event.
We cannot ask for the price of Bitcoin to fluctuate much in a day, it will create instability.

if bitcoin price stable on certain level it doesn't mean it be stable currency.investors still wait and see for a while.they wait for trigger and technical confirmation before they continue buying again.and binance could be good example for this condition.

leavolnhals

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Bitcoin is not a stable currency. Sometimes the market needs silence to prepare for big events. such as Binance Launchpad. It worked very well and the value of Binance is now much higher than the time of the bubble. The value of exchange coins has also increased significantly due to the IEO event.
We cannot ask for the price of Bitcoin to fluctuate much in a day, it will create instability.

Wayan_Pedjeng

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I don't think that Bitcoin will be stable for the next 4-5 years. In order to attain the kind of stability that assets like gold has, Bitcoin needs to remove the excess volume from the markets. If you look at the daily volumes, then you can see that somewhere between 5% and 10% of the total supply is being traded every day. This figure for gold is less than 0.5%.

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